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Wei Lanfeng became the vice president and chief operating officer of Porsche China, and Porsche announced that Philipp von Witzendorff will officially become the vice president and chief operating officer of Porsche China from January 1st, 2025. It is understood that in the past two years, Wei Lanfeng has served as President and CEO of Porsche Japan.Meitu, a Hong Kong stock company, rose more than 10% in intraday trading, with turnover exceeding HK$ 400 million.Market news: South Korea's ruling party has elected a new party leader, and the new leader said that a presidential election may be held soon.

The South-to-North Water Transfer Project has transferred 76.7 billion cubic meters of water to support the GDP growth of more than 16 trillion yuan in the northern region. The State Council held a press conference to introduce the tenth anniversary of the first phase of the South-to-North Water Transfer Project. Wang Daoxi, Vice Minister of the Ministry of Water Resources, said that the project has transformed the water resources advantage in the southern region into the development advantage in the northern region. Up to today, the South-to-North Water Transfer Project has transferred 76.7 billion cubic meters of water, supporting the GDP growth of more than 16 trillion yuan in the northern region.The personal pension system has been extended to the whole country. On December 12th, the Ministry of Human Resources and Social Security and other five departments issued the Notice on the Full Implementation of the Personal Pension System. Since December 15th, the personal pension system has been extended to the whole country from 36 pilot cities (regions). (Xinhua News Agency)Shennong Group has set up a new trading subsidiary in Guangxi. The enterprise search APP shows that recently, Guangxi Shennong Haiyun Trading Co., Ltd. was established, with the legal representative of He Xinyang and the registered capital of 10 million yuan. Its business scope includes: electronic product sales; Non-metallic minerals and products sales; Building materials sales, etc. Enterprise equity penetration shows that the company is wholly owned by Shennong Group.

Shenzhen Nanshan District Emergency Management Bureau: The cause of the deflagration accident in Shenzhen Bay Yuefu and the personnel placement are being carried out. On the afternoon of December 11th, a residential building in Shenzhen Bay Yuefu Phase II exploded. According to official reports, as of 18: 00 on the 11th, the open flame had been extinguished, resulting in one death and no other injuries. Today, the telephone operator of Shenzhen Nanshan District Emergency Management Bureau said that (cause investigation and personnel placement) are being carried out, and the specific information should wait for the official news announcement. (CBN)The next "explosion point" of biomedicine may appear in Shenzhen. "China's pharmaceutical innovation ranks first in the second echelon in the world in terms of the quantitative indicators of R&D pipelines and listed new drugs." A few days ago, Song Ruilin, executive president of China Pharmaceutical Innovation Promotion Association, held the "Star of the Bay Area" biomedical source innovation conference in Shenzhen, and believed that China's pharmaceutical research and industrial development were entering a new stage of innovation. Chen Qiyu, vice president of China Pharmaceutical Innovation Promotion Association and executive director and co-CEO of Fosun International, said that Shenzhen has great advantages and development momentum in linking Greater Bay Area's urban development and AI technology. By leveraging the resources in the Bay Area and making good use of these advantages, it is possible to find a new fulcrum in the future biomedical R&D innovation track, and the next "explosion point" of biomedicine is likely to appear in Shenzhen.The Hang Seng Index rose more than 1%, the Hang Seng Technology Index rose 1.47%, and the technology stocks strengthened.